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No timeline for LIC to cut IDBI Bank stake: Nilesh Sathe

Thursday, July 12, 2018, 8:22 AM

No timeline for LIC to cut IDBI Bank stake: Nilesh Sathe

Nilesh Sathe, member (life), Insurance Regulatory Development Authority of India, in an interview with Anurag-Shah of Zee Business said that Life-Insurance-Corporation’s plan to increase stake in IDBI Bank should be treated as investment instead of an acquisition plan by the insurer. He said no timeline has been given to reduce LIC’s share in IDBI Bank but its Board will be responsible for it.
#Investments #Life insurance plans #Term insurance plans #IDBI Bank #Life Insurance Corporation Of India #Nilesh Sathe

Article

 

04 July 2018, Wednesday

Why life insurance is important to Millennials?

  One of the many reasons why millennials don’t buy life insurance is because they think they are young, healthy and don’t have ki ...
#Car Insurance #Home Loan #Car #Life insurance plans #Term insurance plans #Life Insurance Premium #Home #Home Insurance Plan #Home Insurance Add-ons #Home Loan Eligibility Calculator #Term Money #Life Insurance Corporation Of India #Loan Accounts #Term Life Insurance

Article

 

04 July 2018, Wednesday

Life Insurance: 5 Steps To Choosing The Right Insurer

  Life insurance penetration in India:   According to the Economic Survey 2018, I ...
#Endowment Life Insurance #IRDA #Life insurance plans #Term insurance plans #Life Insurance Premium #life insurer #Claim Settlement #Life Insurance Corporation Of India #Claim Settlement Ratio #Lapse Ratio

Article

 

04 July 2018, Wednesday

5 Reasons To Buy A Life Insurance Plan Today

  There’s a famous saying, it’s foolish to leave your home without life insurance. Yes, come what may, make sure you avail a life ...
#Car Loan #Home Loan #Loan against security #Car #Life insurance plans #Term insurance plans #premium #Lifestyle Disease #Life Insurance Premium #life insurer #Home #Home Insurance Plan #Lifetime Renewability #Life Insurance Corporation Of India #Loan Amount #Term Life Insurance

Article

 

03 July 2018, Tuesday

Special Insurance Services

  You cannot be too careful in modern times. Be it a delayed flight because of a change in weather, a missed connecting flight or a muscle you ...
#Pet Insurance #Life Insurance Corporation Of India #Special Insurance #Disrupt The Traditional Insurance Sector #Term Life Insurance #Innovative Insurance Products #Insurance On Flight Trips #Insurance On Cab Rides #Smartphone Insurance #Customized Insurance #Insurtech Markets #Digital Insurance Firms #Online Insurance Firms

Article

 

25 June 2018, Monday

Pradhan Mantri Vaya Vandana Yojana Rs 10000 Monthly Pension Plan

Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a pension scheme, subsidized by the Government of Indi ...
#Savings #Tax Planning #Fixed Deposit #Retirement Plan #Retirement Planning #Tax Benefits #Retirement #Tax Saving #Government of India #FD #Retirement Planner #Life Insurance Corporation Of India #FD Interest Rates #LIC #Monthly Pension Plan #Pradhan Mantri Vaya Vandana Yojana #PMVVY #Pension Scheme #SCSS #Senior Citizen Savings Scheme #POMIS #Post Office Monthly Investment Scheme

Article

 

19 June 2018, Tuesday

Life Insurance For Smokers

If you smoke heavily, you will spend a lot of money on term life insurance premiums. Smoking will not just burn your lungs. It will also burn a big ho ...
#Term insurance plans #premium #Lifestyle Disease #Life Insurance Premium #life insurer #Smoking #High blood #High blood pressure #Lifetime Renewability #Death #Term Money #Life Insurance Corporation Of India

News

 
LIC gets Rs 2,050 crore service tax evasion notice

Sunday, June 17, 2018, 8:04 AM

LIC gets Rs 2,050 crore service tax evasion notice

The Life Insurance Corporation of India, the country's largest insurance company, has received an Rs 2,050-crore service tax notice from the Directorate-General of Goods & Services Tax Intelligence. Tax officials said the notice was issued by the DGGI's Kolkata zonal office for alleged "suppression of facts with intent to evade payment of service tax" on forfeited policies (policies discontinued because of non-payment of premium).
#Service Tax #Life Insurance Corporation Of India

Article

 

15 May 2013, Wednesday

Life Insurance Corporation Of India - Top Insurance Company in India

When you purchase a life insurance product what is the first name that comes to your mind. Obvious ...
#Life Insurance Corporation Of India #Life Insurance Corporation

Article

 

02 April 2009, Thursday

What is meant by Life Insurance?

What is a Life Insurance? Life insurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a amount of mone ...
#Life Insurance Premium #Life Insurance Corporation Of India #Life Insurance Policies #Life Insurance Cover #Life Insurance Tax Exemptions
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